This month, Charles Schwab & Co., the brokerage firm where our financial advisory clients custody and safeguard their valuable financial assets, announced it was once again dramatically reducing transaction fees. Schwab reduced the standard online commission pricing for equities and exchange-traded funds (ETFs) to $4.95 per trade from $8.95 (nearly 45% less) and  to $12.95 (a 35% reduction) for those receiving paper confirmations. In addition, through the Schwab ETF OneSource platform you continue to have access to over 200 commission-free ETFs from 16 leading providers – further helping to reduce your transaction costs.

The recent fee reductions are great news for you! Every dollar you save is a dollar you get to keep and realize compounded returns on. As your fee-only financial advisor, we strive to keep your transaction costs low and do not receive any compensation from commissions. Our interests are aligned with yours, this means we look out for your best interests, at all times, above all else.  

Our financial advisory firm’s relationship with Charles Schwab goes back many years to 1987. Schwab is the primary custodian for our investment assets as result of their financial strength, providing high quality service to investors and their pioneering discounted transaction costs. With more than 300 office locations across the U.S., including one near our own office in Walnut Creek, Schwab makes it very convenient to serve your needs.

The recent fee reductions reaffirms our confidence in Charles Schwab. In additional to competitive pricing, they continue to be at the forefront of technology solutions and client service. As a fee-only financial advisor, we are completely independent of Charles Schwab, but proud to partner with them for the high quality service they offer at a significantly lower cost than major wall street brokerage firms.

 


Disclaimer: Pring Turner is a Financial Advisor headquartered in Walnut Creek, Ca and is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The views represented herein are Pring Turner’s own and all information is obtained from sources believed to be accurate and reliable. This information should not be considered a solicitation or offer to provide any service in any jurisdiction where it would be unlawful to do so. Past performance does not guarantee future results.

Disclaimer: Pring Turner is a Financial Advisor headquartered in Walnut Creek CA, and is registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. The views represented herein are Pring Turner’s own and all information is obtained from sources believed to be accurate and reliable. This information should not be considered a solicitation or offer to provide any service in any jurisdiction where it would be unlawful to do so. All indices are unmanaged and are not available for direct investment. Past performance does not guarantee future results.

Pring Turner Team
Pring Turner Team
This post is a collaboration of the Ping Turner team. Celebrating over 40 years successfully managing client investment portfolios in constantly changing markets. Pring Turner is a financial planning & investment management team based in Walnut Creek, CA.

Meet the Pring Turner Team

Continue Reading

Articles filed under Financial Planning

Another Cyber Security Breach: 3 Steps to Help Protect Yourself

November 8, 2017 - In our ongoing efforts to protect and grow your wealth, we include protecting you from a growing risk—cyber-fraud. Another major cyber security breach made the headlines recently. In the last few years, some very high profile retail giants including Home... Continue Reading

Elder Financial Abuse: 5 Ways to Protect Yourself

June 8, 2017 - You or a loved one are at risk of a multi-billion dollar scamming system commonly known as “Elder Financial Abuse”. More than 70 percent of the nation’s wealth is controlled by people over 50 years old – a group that... Continue Reading

Charles Schwab Lowers Your Transaction Fees

March 21, 2017 - This month, Charles Schwab & Co., the brokerage firm where our financial advisory clients custody and safeguard their valuable financial assets, announced it was once again dramatically reducing transaction fees. Schwab reduced the standard online commission pricing for equities and... Continue Reading

Key Questions to Ask When Selecting a Financial Advisor

March 7, 2017 - Selecting the right financial advisor for you is one of the most important financial decisions you will make in your lifetime. Interviewing and hiring the right financial advisor who is a good match for your needs is possible if you... Continue Reading

Four Tips On Being A Good Client

February 16, 2017 - Today, more and more people are partnering with financial advisors to simplify their lives and reach their financial goals with added peace of mind. After a thorough screening, interview and evaluation process in selecting a financial advisor who is best matched... Continue Reading